Exhibit 23.1 CONSENT OF INDEPENDENT AUDITORS We consent to the reference to our firm under the caption "EXPERTS" and to the use of our report dated March 2, 2001, in this Amendment No. 1 to the Registration Statement (Form S-1) and related Prospectus of Old Dominion Electric Cooperative dated September 10, 2001. /S/ ERNST & YOUNG LLP Richmond, Virginia September 7, 2001